Warburg Pincus related stories
All articles and analysis
Accused of collusionChristopher Witkowsky explains why 14 private equity firms may have to defend themselves in a Massachusetts court.
- Warburg Pincus portfolio company suspends trading
Hong Kong-listed GOME has suspended trading of its shares after chairman Wong Kwong Yu was reportedly detained on allegations of stock price manipulation.
- Judge approves Warburg-backed Wellman's bankruptcy plan
Warburg invested $126m in polyester manufacturer Wellman in 2003 but saw the company collapse into bankruptcy in February amid rising raw material costs and a mountain of debt.
- Actis pays $50m for Beijing hot pot chain
The private equity firm continues to show interest in China’s strong domestic consumer industry. The firm, which opened its first office in China in 2000, has partners with the Macquarie Group, Avenue Capital and Warburg Pincus on Chinese investments.
- Carlyle adds ex-Charles Schwab CFO as advisor
The private equity giant has named Christopher Dodds as a senior advisor less than three months after the departure of financial services co-head David Zweiner. In related news, the firm also exited telecom company Crest Communications for $70m.
- Warburg provides $300m to oil platform Laredo
Oklahoma-based Laredo, seeded by Warburg last year, has used equity financing from the New York-based firm to make acquisitions and continue drilling in the ‘mid-continent’ region of the US.
- Actis, Macquarie, Avenue invest $103m in Chinese company
The private equity firms are investing in Chinese education services provider Ambow Education as China’s education industry continues to grow.
- Actis invests $65m in Chinese budget hotel chain
Warburg Pincus is co-investing with the emerging markets specialist in China's 7 Days Inn Group.
- Corsair-backed National City stock plunges 63%
The Midwest regional bank’s trading price has tumbled following the collapse of the proposed $700bn federal bailout plan.
- GIC to shift sights to private equity
Singapore’s largest sovereign fund has increased its investments in private equity and real estate in recent years – a trend likely to continue owing to the turmoil in the financial markets. The change was revealed as part of its first performance report, which also shed rare light into the GIC’s structure.